Indexed UL Accumulation II
Principal Indexed Universal Life Accumulation IISM (IUL Accumulation II) is designed to offer business owners and key employees valuable death benefit protection and cash value growth. This accumulation potential may be especially helpful to clients who want to save more tax-deferred dollars and achieve some tax diversification of their assets.
This product is approved in all states except New York.
For financial professional use only.
- Three account options:
- S&P 500® Price Return index-linked account (one-year point-to-point)
- S&P 500® Price Return High Cap index-linked account (one-year point-to-point)
- S&P 500® Total Return index-linked account (one-year monthly average)
- Fixed account
- Choice of standard or alternate loans
- Accumulated value enhancement feature that provides a bonus to boost long-term values
- High early cash surrender values available for businesses via optional rider
- Three death benefit options
- Automatic trigger of over-loan protection
- Living benefits provided through accelerated benefit riders for chronic illness and terminal illness
Ideal prospects:
- Insured ages 35-55
- Have a need for protection and growth
- Business owners and key employees
- Issue ages: 20-85: Maturity: Age 121
- Standard and Preferred Tobacco, and Standard, Super Standard and Preferred Non-Tobacco risk classes
- No-lapse guarantee (issue age/NLG duration):
- 20-75/10 years
- 76/9 years
- 77/8 years
- 79/6 years
- 80-85/5 years
- Cash Value Accumulation Test or Guideline Premium Test
- Death benefit options 1, 2, and 3 available
- Interest crediting guaranteed minimum rates:
- S&P 500® Price Return, S&P 500® Price Return High Cap, and S&P 500® Total Return index-linked accounts:
-
- Participation rate – 100%
- Cap rate – 3%
- Floor rate – 0%
- Fixed account and short-term holding accounts – 1%
For more information about IUL Accumulation II, go to:
- Product Profile (BB11877)
- Product Guide (BB11928)
- Interest Rate History
Key materials listed below.
An Introduction to IUL Insurance (BB11839)
Help clients understand what IUL insurance is and how it works.
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Consumer Approach Brochure (BB12315)
Demonstrate to a client the features and benefits of IUL Accumulation II.
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Term or Permanent Insurance? (BB12102)
Use this one-pager to help clients understand the difference between the two types of coverage. Included is an easy decision tree to help them think about needs.
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Key materials listed below.
Product Profile (BB11877)
Learn more about the product details, target market, consumer-friendly features, and account options for IUL Accumulation II.
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IUL Sales Guide (BB11913)
Provides a brief introduction of our IUL portfolio, highlights of the many attractive features that power our two IUL products, and illustration tips.
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IUL Accum Index-Linked Account Comparison (BB12663)
Offers comparison of S&P 500® Price Return, S&P 500® Price Return High Cap, and S&P 500® Total Return index-linked accounts.
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Product Guide (BB11928)
Get detailed information and product specifications for IUL Accumulation II.
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Retirement Planning with Life Insurance Flyer (BB11914)
Show clients the tax efficiency of life insurance and how it can help them accumulate a little more for retirement.
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Automated Distributions Flyer (BB11940)
This is a competitive feature of our accumulation-focused life insurance products. Learn how distributions activate and what happens.
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Materials approved for use with consumers
Chronic Illness Rider Consumer Brochure (BB10935)
Explains how life insurance can provide access to funds before death in the event of a chronic illness.
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Chronic Illness Rider Consumer Brochure - California (BB10935CA)
California-only version of consumer brochure.
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Chronic Illness Promotional Flyer (BB11961)
A quick look at the benefits of this no-cost rider.
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Cost of Living Increase Rider Flyer (BB12168)
Explains how the policy coverage can increase over time to keep up with increases in every day expenses.
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Life Paid-Up Rider Flyer (BB12012)
Explains how this rider can help consumers enjoy the tax advantages of life insurance by keeping their policies from lapsing.
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Materials approved for producer use only
Chronic Illness Rider Producer Email (LF1029)
Highlights how this rider can help protect clients in the event of a health surprise.
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Chronic Illness Rider Training Guide (BB11960)
Provides details such as availability, eligibility, requesting a claim, and cost. Also compares it to long-term care riders.
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Chronic Illness Rider Approvals: Available in all states except CT* and NY
*The rider is available in CT only with IUL Flex II.
3444474-042024